Federal Reserve Leadership Change Looms as Trump Seeks Chairman Aligned on Interest Rate Policy

By

-

December 11, 2025

Polygon and Stellar Now Interconnected Using Chainlink’s 'Proof of Reserve' — Unlocking Over $10 Billion In Value

US President Donald Trump is set to replace the outgoing Federal Reserve Chairman in the near future, with a potential list now narrowing down to just four candidates, Financial Times reported. Trump had a thorny relationship with the outgoing chairman, Jerome Powell, as they differed on the central bank’s interest rate-cut policy.

“We’re going to be looking at a couple different people, but I have a pretty good idea of who I want,” the president told reporters before boarding the Airforce One.

Why Trump Wants Lower Interest Rates?

Ever since assuming the presidency, Trump has been keen to deliver on his primary campaign promise: economic revival. However, the recovery project has faced several major roadblocks during the first 11 months or so, including the ongoing tariff/trade war against China and a host of other major countries. While Trump claims that the intergovernmental conflict has been positive for the US overall, economic growth has slowed due to these trade restrictions.

Trump has bragged about tariffs for quite some time now, and it is reported that he understood there would be economic consequences of restricting trade. This is where he wanted the Federal Reserve to help him out. The bank’s primary duty is to manage supply and demand in the economy by setting the interest rate, which has been on the higher side since 2022.

The reason is that a trillion-dollar-plus stimulus entered the economy during the pandemic. As a result, inflation was running rampant across the country, affecting consumers across the board. So, the bank had to step in and implement higher rates.

The jacked-up rate represents the Quantitative Tightening (QT) policy that helps bring down inflation, which it did, but it also contracts the economy as capital disappears from the system. Trump inherited a high interest rate, and after going headfirst into another major economic tussle because of the tariffs, he wanted the Fed to cut rates immediately to help his cause.

However, Jerome Powell refused to budge and only started enforcing rate cuts in the last few months as the economy came under increasing pressure. Under US law, a President has no authority to remove the Fed chairman position. Still, Trump did unleash a major tirade on his Truth Social outlet and threatened Powell extensively for months.

The Future

With Powell gone and reportedly Treasury Secretary Scott Bessent at the helm, Trump will have a loyalist in the highest office of the country’s central bank. Aggressive rate cuts could be on the menu for the near future. Critics argue that these aggressive reductions could make inflation troublesome for the country once again, thereby trapping the Fed in a vicious cycle.

The Truth About Crypto Card Fees: A Simple Cost Breakdown

By

Livine Sanchez

-

December 11, 2025

The Truth About Crypto Card Fees: A Simple Cost Breakdown

When you pay with a crypto card, it feels no different from using a regular debit or credit card. Still, every transaction includes small fees that cover processing and currency conversion. They’re standard, and they help the payment go through quickly. Knowing them helps you decide how to use your card to get the most value.

Network Fees

Every crypto transfer comes with a network fee, or gas fee. This isn’t a charge from your card provider – it’s what the blockchain takes to confirm and record your transaction.

On networks like Ethereum, fees can jump when the network gets busy.
On chains like Solana or Polygon, the fee is usually only a few cents.

How to keep this cost low:

Choose networks with lower fees when sending funds.
Transfer during quieter hours when gas prices drop.
Use stablecoins (USDC or USDT) on efficient chains for faster, cheaper transfers.

Platforms like KAST support multiple networks, giving you flexibility to pick the most cost-effective option.

Conversion Spreads

Every time you spend with a crypto card, your crypto needs to be converted into the currency the store accepts. The conversion rate applied at checkout may look close to the live market rate, but there’s usually a slight difference. That difference is the conversion spread, which covers the cost of converting your assets instantly.

For most cards, spreads land between 1–2%, built directly into the rate rather than shown as an extra line on your receipt.

Why it matters:

Because the spread is tucked into the exchange rate, it can be easy to overlook. But it still impacts the final price you pay. Understanding it helps you get a clearer picture of how much each transaction really costs.

FX and Cross-Border Fees

If you’re traveling and use your crypto card in a country with a different currency, you’ll almost always see a foreign exchange (FX) fee. It’s the fee for converting your payment to the local currency so your purchase can go through.

Some providers make this pricier by converting your crypto to USD first, then converting USD again into the local currency. That double conversion quietly increases the total cost of every meal, ride, or hotel bill.

Newer platforms keep things much simpler. KAST uses a flat FX rate and converts straight into the currency you’re paying in. One step, one fee, and it’s much easier to understand what you’re being charged while you’re overseas.

DCC (Dynamic Currency Conversion)

Some of the most expensive travel fees don’t come from your card – they come from the checkout terminal. When it asks, “Pay in USD or local currency?”, that’s DCC, and it usually works against you.

Choosing USD hands the conversion over to the merchant’s processor. Their exchange rates often include a 6–16% markup, turning a normal purchase into an overpriced one.

Take a €100 hotel charge:

Option	What Happens	Markup / Fee	Approx. Final Cost
Pay in USD (via DCC)	Terminal converts your assets to USD	16% markup	$116
Pay in EUR (local currency)	Card handles conversion directly	2% (KAST card’s flat FX fee)	$102

A single decision saves you $14.

How to avoid it:

Always go with local currency. It keeps the conversion with your card, not the terminal, and that almost always means you pay less.

ATM and Withdrawal Fees

While crypto cards work in most places, sometimes getting physical cash is unavoidable. When that happens, you’ll see ATM and withdrawal fees.

Here’s what typically gets added to your withdrawal:

A fee from the ATM operator – the machine takes a cut.
A withdrawal fee from your crypto card provider.

This setup is the same as traditional bank cards. Depending on the ATM network and the country, fees are generally a flat amount or a small percentage of what you withdraw.

For example, pulling out $100 might cost you $2–3 from the ATM, plus the fee your provider charges.

Tip: Use ATMs sparingly. Paying directly with your card is usually cheaper because you avoid the ATM’s added fees.

Other Fees (Maintenance, Inactivity, and More)

Not all fees show up in day-to-day spending. Some are smaller administrative charges that depend on how you use your crypto card – and they’re easy to overlook.

Common ones include:

Inactivity fees: if you haven’t used your card in a while.
Replacement fees: when you request for a new physical card.
Maintenance or premium plan fees: for added perks or lower FX rates.
Shipping fees: especially for faster card delivery.

These kinds of fees aren’t exclusive to crypto – traditional card issuers charge them too. Luckily, many newer crypto card providers now minimize or remove these extra costs.

Bottom line: It’s worth checking the fee schedule upfront so you know exactly what to expect.

Using Rewards to Offset Everyday Crypto Fees

Yes, crypto cards have small fees per transaction, but most offer rewards that help offset those fees over time. If you use your card regularly, those rewards begin to cover part of what you’re paying.

For example, KAST gives users up to 10% back in KAST Points on eligible purchases. So even with a small fee attached, you’re earning something meaningful with every spend.

Quick Habits That Help You Save

A few easy adjustments can help you reduce your overall costs:

Spend with stablecoins for predictable pricing.
Combine your top-ups to avoid lots of small transfers.
Choose networks with lower fees when funding your card.
Track your rewards – they accumulate faster than you’d think.

These simple habits go a long way in keeping your fees under control.

Before You Pull Out Your Card Again

Understanding how fees work helps you make smarter choices when spending your crypto. A good card makes this simple with predictable rates, straightforward conversions, and rewards that actually matter.

That’s the approach taken by platforms like KAST – making crypto spending easy, clear, and more rewarding. See how it feels – sign up with KAST and start spending smarter.

ENI Accelerates Global Expansion, Forms Strategic Partnerships with Japan’s Dual-Licensed Exchange and National IT Giant

By

PR DESK

-

December 11, 2025

ENI Accelerates Global Expansion, Forms Strategic Partnerships with Japan’s Dual-Licensed Exchange and National IT Giant

Recently, ENI announced strategic partnerships with two influential Japanese institutions—NTT Digital, a core subsidiary of NTT Group, and BitTrade, one of Japan’s most strictly regulated and fully licensed crypto asset exchanges. The news has been covered by leading Japanese industry media such as CoinPost and PR Times, marking a new phase in ENI’s rapid market deployment and industrialization in Japan.

Partnership with NTT Digital: Enterprise-Grade Blockchain Infrastructure Enters Japan’s Mainstream Market

As a core subsidiary of Japan’s telecommunications giant NTT Group, NTT Digital will serve as ENI’s “compliant infrastructure anchor” for enterprise-level deployments.

NTT has ranked among the world’s top 10 IT service providers and remains No. 1 in the Japanese market for many consecutive years. With partial government ownership and origins as a state-owned telecom enterprise, NTT also serves as the chairing organization of the Japan Information Technology Services Industry Association (JISA), giving it significant influence over industry standards and technological development.

In this partnership:

ENI will provide NTT Digital with core technology resources from its enterprise-grade high-performance blockchain platform, ENI Blockchain.
NTT Digital will build ENI-compatible infrastructure for enterprise clients.

Both parties will collaborate to promote blockchain adoption among Japanese domestic enterprises, driving practical implementations in fintech, commerce, supply chain, and other sectors. The partnership aims to deliver high-performance, low-cost, and regulation-aligned Web3 infrastructure for Japanese businesses.

This strategic cooperation significantly strengthens ENI’s compliance credibility and feasibility in the enterprise market, enabling ENI to enter Japan’s mainstream business ecosystem. Meanwhile, NTT’s global presence across 57 countries and regions will offer additional opportunities for ENI’s international expansion.

Partnership with BitTrade: ENI Gains Access to Japan’s Highest-Level Compliance Gateway

While the cooperation with NTT Digital lays ENI’s technological foundation in the enterprise sector, its partnership with BitTrade provides crucial support for ENI’s compliant ecosystem in Japan.

BitTrade holds a highly scarce set of licenses in Japan, including:

Crypto Asset Exchange License
Type I Financial Instruments Business License — Japan’s highest-level financial regulatory license, with stringent requirements

The Type I license is typically held only by major securities groups such as Nomura and Daiwa. Its scope covers underwriting, derivatives, listing advisory, and other high-barrier financial services. As such, BitTrade is regarded as one of the crypto-asset institutions under close scrutiny by the Financial Services Agency (FSA).

Through this strategic partnership, ENI’s compliance positioning within Japan’s highly regulated environment is strongly validated. In the future, BitTrade will serve as a key compliance gateway for ENI’s broader ecosystem, significantly reducing barriers to cooperation between ENI’s enterprise-grade blockchain network and traditional institutions.

Convergence of Technology, Compliance, Enterprise Markets, and Globalization

ENI’s consecutive partnerships with NTT Digital and BitTrade carry three major strategic implications:

1. Tier-1 Institutional Endorsement Boosts Enterprise Customer Trust

NTT’s mainstream industry status and BitTrade’s high-level regulatory licenses provide ENI with multi-layered credibility, reducing traditional enterprises’ hesitation to adopt Web3 technologies.

2. Establishing a Complete Localized Deployment Loop

From blockchain infrastructure, node deployment, and compliant trading to local ecosystem promotion, ENI has built a full support chain in Japan, laying the groundwork for large-scale adoption.

3. Creating a Replicable International Model for Global Expansion

Japan’s strict regulatory framework and mature industrial ecosystem provide a blueprint. ENI’s successful deployment here will offer a replicable model for Korea, Southeast Asia, Europe, and other markets.

ENI: Entering a New Stage of Global Expansion

With strategic partnerships now established with both NTT Digital and BitTrade, ENI has formally completed its core layout in Japan across technology, enterprise adoption, and regulatory compliance.

Moving forward, the partners will facilitate broader enterprise-level blockchain implementations in Japan and explore deeper collaboration across policy systems, industry associations, and corporate groups.

This strategic advancement in Japan marks a significant milestone in ENI’s global expansion, laying the foundation for ENI to become a key enterprise-grade Web3 infrastructure platform.

Media Coverage:

CoinPost: https://coinpost.jp/?post_type=pressrelease&p=665572
PR Times: https://prtimes.jp/main/html/rd/p/000000028.000136141.html

Information Source:

https://nttdigital.io/#news

Ark Invest’s Cathie Wood Explains Why Bitcoin Will Ignore Its Traditional Four-Year Cycle This Time

By

Brenda Ngari

-

December 11, 2025

1 BTC to $1 Million: Cathie Wood Doubles Down On Decade-long Bitcoin Price Prediction

Since its debut, the price of Bitcoin has followed a predictable pattern. A quadrennial event slashes the supply of BTC by 50% and spurs scarcity. This halving event has often preceded periods of dramatic price rallies and later pullbacks. The repeating pattern, known in the cryptoverse as the four-year cycle, has largely influenced investor expectations since the apex crypto’s infancy.

Renowned tech investor Cathie Wood, CEO of Ark Invest, takes a different view of Bitcoin’s price trajectory. She suggests that Bitcoin’s price action has, in recent years, been moving beyond this traditional model. Bitcoin’s price movements appear increasingly influenced by factors such as the increased presence of institutional investors compared to previous halving events.

Why This Time May Be Different

Speaking with Fox Business on Tuesday, Wood pointed out that Bitcoin is on track to disrupt the historic four-year halving cycle. She noted that while Bitcoin saw a 75-90% drop in its early days, the asset’s volatility is “going down” in recent times.

“We think that the move by institutions into this new asset class is going to prevent much more of a decline,” she explained, suggesting that “We may have seen the low a couple of weeks ago.”

During previous cycles, the reduced supply led to strong buying from retail investors. Today, capital flows are predominantly driven by exchange-traded funds (ETFs) and corporate balance sheets.

The exec also surmised that Bitcoin is now acting more like a risk-on asset moving in tandem with equities. A risk-off asset, on the other hand, is one that investors tend to pile into during market uncertainty, such as gold.

Wood believes that Bitcoin has “played the risk-off role at different times in its history,” such as during the European sovereign debt crisis or the 2023 US regional banking upheaval. Now, she’s of the opinion that Bitcoin has switched back to risk-on.

“Now, gold is more of a risk-off asset,” she said. “We think this is proof that we are climbing a wall of worry. Investors are using gold as a hedge against geopolitical risk.”

Wood, who previously forecast a top BTC price of $1.5 million by 2030, in November slashed her bull-case projection by $300,000, cautioning that stablecoins are eroding Bitcoin’s role as a store of value across emerging markets.

SpaceX Just Transferred Another $95 Million In Bitcoin Amid Plans To Launch World’s Biggest IPO In 2026

By

Brenda Ngari

-

December 11, 2025

SpaceX Just Transferred Another $95 Million In Bitcoin Amid Plans To Launch World’s Biggest IPO In 2026

SpaceX, the privately held aerospace company led by tech centibillionaire Elon Musk, made another Bitcoin transfer on Wednesday, continuing a recent flurry of moves.

According to Lookonchain analysts, citing on-chain data from Arkham Intelligence, the company moved 1,021 Bitcoin ($94.5 million worth).

The SpaceX-labelled wallet sent the Bitcoin to two fresh addresses, with each receiving 614 BTC and 407 BTC. It’s unclear whether the aerospace company is simply adjusting its storage scheme, preparing to sell the funds, or intends to use the BTC in some other way.

The Wednesday transfer marks the second such transaction this month and ninth this year, totaling roughly 8,910 BTC ($925 million), conducted through institutional custody platform Coinbase Prime.

According to Arkham, SpaceX currently holds approximately 3,991 BTC, worth around $367.4 million as of today. Bitcoin is trading hands for $92,845 as of publication time, down 0.8% in the past 24 hours. The aerospace company once held 25,000 BTC in 2022 before reducing its position to 8,285 BTC by June that year, likely spurred by a market-wide shock triggered by the implosion of Terra-Luna in May, the failure of Sam Bankman-Fried’s FTX empire in November, and the ensuing domino effect.

Elon Musk’s companies were among the earliest institutional Bitcoin adopters, with electric car maker Tesla reporting roughly 11,900 BTC holdings in its coffers.

SpaceX’s Blockbuster $1.5 Trillion IPO

The on-chain transfers come as SpaceX is moving ahead with plans for an initial public offering that could raise well over $30 billion, Bloomberg reported on Tuesday, citing people familiar with the matter.

The Musk-helmed company is targeting a valuation of approximately $1.5 trillion, making it the largest public market offering in history. SpaceX’s management is aiming for a listing as soon as mid-to-late 2026, though the timing is contingent on market conditions and other factors, the sources told Bloomberg.

If the IPO goes through, investors won’t just be purchasing into rockets and satellites. They’ll also be buying into a firm that holds millions worth of the world’s largest and oldest cryptocurrency.

Canton Network Hosts BOLTS Pilot to Secure $6T Assets Against Quantum Threats

By

PR DESK

-

December 10, 2025

Canton Network Hosts BOLTS Pilot to Secure $6T Assets Against Quantum Threats

Cybersecurity pioneer BOLTS has announced the launch of a pilot program to experiment with bringing quantum-resilience to the Canton Network, the blockchain for institutional finance.

The pilot will explore how QFlex — BOLTS’ quantum-resilient software product that addresses the complexities around fortifying blockchain networks against Q-Day — could potentially bring quantum-resistant transaction assurance to Canton Network.

Q-Day refers to a time in the future when a cryptographically relevant quantum computer (CRQC) overrides current cryptography using Shor’s algorithm, thus jeopardizing digital safety. Canton Network is making post-quantum cryptography (PQS) a major focus since the EU’s introduction of PQS 2030 to ensure that systems are fortified against quantum attacks.

Processing over $4T in repos monthly, Canton Network has an extensive roster of institutional ecosystem participants and is a public, permissionless blockchain purpose-built for institutional finance. Commenting, Bernhard Elsner, Chief Product Officer of Digital Asset, said,

“We’re excited to explore QFlex’s promise of allowing sub-networks to enable flexible, user-controlled use of a wide range of cutting-edge cryptographic algorithms without code-changes. This would further strengthen the Canton Network’s cryptographic agility and position it well to seamlessly support stakeholders adopting rules like DLT 2030 and beyond.

Also commenting, Yoon Auh, CEO of BOLTS, said:

“We are proud that our proven expertise and technology are in this pilot test with Canton Network. This collaboration represents a meaningful step in our mission to deliver durable, future-ready security infrastructure solutions for institutions operating on distributed ledger platforms. QFlex gives assurance to the industry that Q-Day fears can be overcome efficiently today, with a clear path to becoming quantum-ready. The industry can no longer delay this, given the trillions of dollars in institutional digital assets at stake. With Canton Network supporting over $6 trillion in on-chain real-world assets, this pilot will have a significant impact on the industry.”

Able to deliver cryptographic agility at the transaction level, QFlex empowers each asset owner to respond to new threats in real time on their next transaction, unlike existing static or hybrid-algo solutions. The product was built on the Structured Data Folding with Transmutations (SDFT) protocol, which gives it its superior performance.

Solana Poised For “Biggest” Week In History As Ecosystem Sizzles With Frenetic Activity

By

Aliyu Pokima

-

December 10, 2025

Analysts Predict Solana Could Reach $4,000 as Highly Reliable Pattern Takes Shape

Solana (SOL) bulls are rubbing their hands in glee at the prospects of a meteoric price rally in the coming days. Several Solana teams are shipping products aggressively ahead of Breakpoint, as institutional interest in SOL reaches an all-time high.

Biggest Week In History For Solana

The Solana community is gearing up for the “biggest” week in the network’s history, underpinned by an avalanche of product announcements at Breakpoint. Scheduled for December 11 in Abu Dhabi, Breakpoint is Solana’s annual conference and is billed to showcase a raft of project announcements to a wider audience.

Right off the bat, an X post revealed that the network is sizzling with major headlines indicating rising institutional interest. All Kalshi prediction markets are now tokenized on Solana, while Revolut has integrated the network for its nearly 70 million users.

Furthermore, financial services firm Figure has formed a real-world assets (RWA) consortium to bring in on-chain loans through Solana-based Hastra. In other upbeat institutional news, Franklin Templeton’s Solana ETF went live on the New York Stock Exchange, with Vanguard unlocking Solana ETFs for its client base.

Outside of the growing institutional interest in Solana, several native ecosystem projects are angling to showcase major launches at the Breakpoint event. In the days leading up to the event, Solana-based Drift launched version 3 of its open-source perpetual futures exchange.

Meanwhile, Solana Mobile has announced its token generation event. At Breakpoint, Solflare is tipped to receive pre-orders for its Shield NFC hardware wallet, while Fuse Wallet launched privacy-focused stablecoin transfers.

Solana Rakes In Impressive Milestones

Ahead of Breakpoint, Solana’s stablecoin supply surged beyond the $16 billion mark, setting a new peak for the network. Amid the stablecoin surge, several projects posted impressive numbers with Marinade Finance and America.fun setting new peaks in trading volumes.

Meanwhile, gamified capital markets platform Rush recorded $700 million in trading volume, while The Giving Block processed over $7 million in SOL donations. Amid the impressive numbers, Asgard Finance secured a $2.2 million seed round while HumidiFi raised nearly 1.6 million on-chain in under two minutes.

Already, traders are beginning to price in the buzz around the incoming “biggest week” on Solana, moving past a slump in network active addresses. Over the last 24 hours, SOL price has gained nearly 2%, climbing to $135, while daily trading volume has spiked by nearly 50%.

CZ Recalls His Tearful Exit As Binance CEO, Shifts Focus To BNB Chain

By

Aliyu Pokima

-

December 10, 2025

How BNB’s Ecosystem Push Propelled It Past XRP in the Crypto Rankings

Binance founder Changpeng Zhao (CZ) has revealed that his exit as CEO of the world’s largest exchange was an emotional rollercoaster, drawing tears as he penned his farewell note in 2023. CZ disclosed that he is now focused on ecosystem projects on the BNB Chain and on interfacing with global regulators to advance cryptocurrency adoption.

An Emotional Departure For CZ From Binance

CZ publicly disclosed his state of mind during his 2023 exit from Binance as company CEO, revealing that the move was a painful departure. He shared his thoughts in a group media interview during the Binance Blockchain Week in response to questions over his decision to step down as CEO.

According to CZ, resigning as CEO forced him to shed tears at 4 am while penning his “stepping-down blog” in Seattle. He added that recovering from the emotional rollercoaster of exiting his role as CEO took a while “to get over it.”

“When I stepped down as Binance CEO, I actually cried,” said CZ. “When I was writing that blog, stepping down, I actually cried, and it was like 4 am in Seattle.”

CZ served as CEO since Binance’s launch in 2017, guiding it to become the largest cryptocurrency exchange despite its late entry to the ecosystem.

Back in November 2023, CZ formally announced his resignation as Binance CEO as part of settlement terms with US authorities, capping a yearlong investigation into alleged money laundering and sanctions violations.

On the same day he resigned, the Binance founder admitted to failing to comply with US anti-money laundering (AML) regulations, eventually serving a four-month prison term. Richard Teng filled in CZ’s shoes as the new Binance CEO, with the founder remaining the largest shareholder.

Life After Stepping Down

After his exit as Binance CEO, CZ revealed that he “had nothing to do” for the first year, opting to spend his time snowboarding. One year later, he expressed delight in Binance’s ability to thrive without him, noting that “life is great.”

CZ added that he is involved in BNB Chain projects, supporting a diverse pool of ecosystem initiatives. Since leaving Binance, CZ has launched Giggle Academy, a non-profit education initiative that provides hundreds of lessons to over 88,000 children globally.

Furthermore, CZ continues to play a leading role at YZi Labs, a venture capital firm with investments that span beyond Web 3, including artificial intelligence (AI) and biotechnology. In October 2025, US President Donald Trump granted an executive pardon to CZ, sparking widespread uproar from the administration’s critics.

Cardano Endures 14-Hour Fork, Bolstering Confidence in ADA Price Recovery

By

Newton Gitonga

-

December 10, 2025

Charts Show ADA Ready For 1,700% Eruption To $8 Price As Stars Align For Cardano Monster Bull Run

Cardano’s (ADA) price pushed higher on Wednesday as market sentiment strengthened following the network’s successful recovery and self-repair from a rare 14-hour chain split.

Notably, the disruption occurred on November 21, after a deliberately crafted, malformed transaction exploited a long-standing serialization bug.

According to a report by Pi Lanningham, CTO of SundaeSwap Labs, the flaw caused newer and older Cardano node versions to disagree on whether the transaction was valid. This divergence produced two parallel chains, with one containing the faulty transaction and one rejecting it.

Lanningham described the event as a “recoverable consensus violation”, a serious but ultimately reversible failure mode. While block production never halted, the network effectively ran in a fragmented state for hours. Wallets, explorers, and exchanges displayed mismatched data as different infrastructure providers followed different versions of the chain.

Roughly 3.3% of transactions landed only on the faulty branch, though the majority were recovered during the network’s reconvergence. Emergency patches were released within hours, and as operators upgraded, the healthier chain overtook the faulty one, repairing the ledger without centralized orchestration.

Cardano founder Charles Hoskinson celebrated the recovery, calling it a historic achievement.

“Cardano never stopped. Both chains operated at the same time and came back together in a totally decentralized way. The first time in history any PoS has done that.” He stated.

Moreover, despite the temporary confusion and brief suspension of ADA deposits on some exchanges, the event is increasingly viewed as a validation of Cardano’s core design.

Bitfinex publicly praised the protocol’s ability to self-correct, while developers highlighted that strong memory-safe languages like Haskell prevented the bug from spiraling into a more catastrophic exploit.

That narrative has fueled a notable shift in investor sentiment. Cardano now ranks among the most bullish assets in the top 10, according to CoinMarketCap data, a sharp contrast to the uncertainty immediately following the fork.

The recovery has also sparked renewed optimism among analysts. Trader Wolf of Crypto noted that ADA’s price action is mirroring the 2020 deviation pattern, suggesting that market makers may have orchestrated a liquidity grab ahead of a larger breakout, with a potential upside toward $10 if the fractal holds.

Meanwhile, analyst “Altcoin Piooners” highlighted a multi-year descending wedge forming on higher timeframes. He observed that ADA is retesting a six-year downtrend line, volume is shrinking at resistance, and RSI has broken its long-term downtrend, all classic signs of pre-breakout accumulation.

The analyst projected that ADA could first rise into the $0.85 to $1.00 range, extend toward $1.80 to $2.20 mid-cycle, and, in a full bull market scenario, reach $4.50 to $5.00 or higher, telling his followers to “buy the boredom” territory.”

At press time, ADA was trading at $0.4644, up 3.06% over the past 24 hours.

Bitunix Strengthens Institutional-Grade Security And Compliance Through Fireblocks And Elliptic Integrations

By

PR DESK

-

December 10, 2025

Bitunix Strengthens Institutional-Grade Security And Compliance Through Fireblocks And Elliptic Integrations

Bitunix, one of the fastest-expanding global cryptocurrency exchanges, has announced the integration of Fireblocks and Elliptic into its platform, significantly enhancing its security architecture and regulatory compliance framework.

These strategic collaborations mark a major step forward in Bitunix’s mission to deliver a secure, transparent, and institution-ready trading environment. Through this initiative, Bitunix is adopting Fireblocks’ industry-leading digital asset custody technology alongside Elliptic’s advanced blockchain analytics and transaction monitoring tools. Together, the integrations are designed to meet the operational and risk management standards expected by banks, financial institutions, and professional investors.

Institutional-Grade Custody With Fireblocks

As part of the Fireblocks integration, Bitunix has implemented Multi-Party Computation (MPC) custody technology, moving away from traditional single private-key models. MPC architecture distributes key material across multiple secure environments, significantly reducing the likelihood of breaches or unauthorized access.

In addition to MPC-based custody, the Fireblocks integration equips Bitunix with policy-driven approval frameworks that help prevent unauthorized transactions, a secure digital asset transfer infrastructure trusted by leading financial institutions, and advanced operational tools designed to improve the safety and efficiency of asset management. Together, these capabilities significantly enhance the protection of user funds while allowing Bitunix to meet the demands of institutional investors and high-net-worth clients more effectively.

$42.5 Million Insurance Coverage Added

The collaboration with Fireblocks also brings expanded insurance protection totaling $42.5 million. This coverage includes digital asset crime insurance and safeguards against operational risks, adding an extra layer of resilience in the event of rare but high-impact incidents.

To further reinforce its compliance capabilities, Bitunix has integrated Elliptic KYT (Know Your Transaction), a blockchain monitoring solution trusted by regulators, financial institutions, and leading crypto platforms worldwide.

Elliptic KYT enables real-time monitoring of on-chain transactions, identifying and flagging activity associated with fraud, stolen funds, darknet markets, sanctioned entities, and other high-risk sources. This integration strengthens Bitunix’s KYC, Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) controls and fosters greater trust with regulators and institutional partners.

Together, Fireblocks and Elliptic form a dual-layer defense system that significantly elevates Bitunix’s overall security and compliance posture.

A Long-Term Commitment to Safer Markets

Despite a broader decline in total crypto losses, centralized exchanges recorded $182 million in losses in September 2025 alone, underscoring the continued importance of robust security infrastructure. Bitunix views these integrations as a key milestone in its broader security and transparency roadmap.

Commenting on the integration, Steven Gu, Chief Security Officer at Bitunix, stated:

“For this Bitunix security upgrade, we have partnered with several security providers, but the collaboration with Fireblocks and Elliptic certainly reconfirms our top priority: user protection. We want users to be 100% safe when using our exchange.”

Beyond these new collaborations, Bitunix also works with established custodians such as Cobo Custody, conducts regular security audits with firms including Hacken and Salus, and maintains an additional $5 million insurance policy with Nemean Services.

About Bitunix

Bitunix is a global cryptocurrency derivatives exchange serving more than 3 million users across 100+ countries. The platform provides a secure, compliant, and transparent trading experience. With mandatory KYC, Proof of Reserves (PoR), and the Bitunix Care Fund, user protection remains a core priority. Bitunix offers deep liquidity, leverage of up to 200x, and its proprietary K-Line Ultra chart system to support both beginner and advanced traders.

CARV Introduces Cashie: A Programmable On-Chain Layer Turning Social Engagement into Verifiable Economic Activity

By

PR DESK

-

December 10, 2025

CARV Introduces Cashie: A Programmable On-Chain Layer Turning Social Engagement into Verifiable Economic Activity

Following its mission to foster the growth of AI Beings, renowned AI platform CARV aims to introduce a new class of agents: AI-powered digital extensions of individuals, anchored in verifiable identity and private context.

As such, CARV has announced the launch of Cashie, a programmable on-chain layer that turns real social engagement into verifiable economic activity. As the ecosystem continues to evolve, Cashie has integrated x402.

The launch seeks to bridge the Social and Economic Ledgers that have long operated in silos. While Cashie is evolving into a core protocol for trustless coordination between influence and value, it will no longer serve as just a social payment tool.

It is important to note that Cashie 2.0 is not just a platform; it is a programmable tool for other AI agents. CARV is exposing an AI-native HTTP API that fully implements the x402 protocol.

This means another AI agent (from Virtual, Base, or anywhere else) can now programmatically hire Cashie to run a campaign. Hence, an agent can call the API, receive a 402 Payment Required challenge, and then resubmit its request with its own X-Payment proof to fund and launch the entire operation autonomously.

Cashie Integrates x402 Protocol

Notably, as part of CARV’s broader modular agentic infrastructure, alongside CARV ID (ERC-7231), Model Context Protocol (MCP), and the Shielded Mind update, Cashie’s integration with x402 protocol transforms social engagement into verifiable, automated, and privacy-preserving on-chain rewards, pushing the boundaries and limits of the creator economy, turning social capital into on-chain value.

According to the announcement, Cashie 2.0 is architected around three foundational pillars: x402 payment as the pledge, CARV ID as the proof, and ERC-8004 agent as the executor.

With x402 Payment- ‘The Pledge’, Cashie campaigns begin with a single ERC-3009 signature, where a project or KOL pledges funds to a campaign.

This is the “X-Payment” proof, and it’s verified on-chain. No gas. No manual transfer. It ensures that funds are committed and can be distributed autonomously.

Furthermore, CARV ID serves as the identity oracle that connects the Social Ledger to the Economic Ledger. Lastly, ERC-8004 Agent-‘The Executor’ allows Cashie to perform its functions trustlessly and autonomously, removing manual ops and Sybil vectors.

Notably, the launch of Cashie 2.0 allows CARV to introduce a new kind of developer stack: one that’s not just programmable, but agent-native.

Nonetheless, it is important to note that the company has built the CARV x402 Facilitator to enable secure, gasless campaigns at scale.

CARV x402 Facilitator is a high-performance verifier that adds state and nonce tracking to instantly reject replayed signatures, preventing duplicate settlements before gas is spent.

Notably, CARV is opening its facilitator endpoints for any developer on Base to build their own x402-powered applications. As such, developers can start building against their live endpoints, spanning from a stateless endpoint to validate an x402 paymentPayload (ERC-3009 signature), to a stateful endpoint that verifies and executes the on-chain settlement.

While token standards fragment the web3 ecosystem, not all ERC-20 tokens support gasless approvals or signature-based authorizations. However, Cashie was designed for inclusivity. CARV built Cashie for the entire Base ecosystem, not just for tokens with ERC-3009 support. The platform includes a separate, robust txhash-based verification API.

Notably, CARV’s internal capability will allow any project to sponsor a campaign with their own (and any) native ERC-20 token, even if it doesn’t support permit or authorization. The sponsor sends a standard on-chain transfer and provides the txHash as proof.

CARV’s system provides secure on-chain verification and replay protection, making Cashie the most flexible and inclusive social-growth engine on Base, with a clear roadmap to open universal token support to all builders.

The launch of Cashie introduces a new way to engage and earn, allowing users to receive crypto rewards directly through social actions like retweets or quests, without wallet submission required, with CARV ID ensuring verified ownership and privacy preserved.

For developers, Cashie becomes a programmable growth layer where automated campaigns, bounties, and agent-driven incentives can be built without manual wallet collection, enabling new composable experiences across social and on-chain environments.

CARV Unveils $45,000 Incentive Program to Boost Adoption

Following efforts to boost adoption of its platform, CARV has launched the Cashie 2.0 Creator Campaign, offering a $45,000 prize pool to incentivize creators and participants.

Through this campaign, the Creators (e.g., KOLs and projects) can configure a reward pool, duration, and eligibility logic and then publish a campaign link via a single social post.

Fleet Cloud Mining: Simple to Use, Flexible Contracts, Register to Enjoy Rewards — Bitcoin, ETH, and LTC Holders Can Easily Earn Stable Income

By

Guest Author

-

December 10, 2025

Fleet Cloud Mining: Simple to Use, Flexible Contracts, Register to Enjoy Rewards — Bitcoin, ETH, and LTC Holders Can Easily Earn Stable Income

Cloud mining enables anyone to obtain cryptocurrencies without purchasing hardware, paying electricity bills, or operating complex mining systems. You do not even need to manage any machines, you rent the computing power of a professional mining center- and every day you receive mining rewards automatically.

One of the platforms providing this service is Fleet Mining, which offers users stable cloud mining hashrate, daily payouts in BTC, and a user-friendly process.

Why Cloud Mining?

Cloud mining has a number of benefits:

No gear, heat, noises, no technical ability.
Fixed contract prices- no concealed maintenance prices.
Daily automatic rewards
Low starting cost
Applicable with both amateurs and long-term miners.

Fleet Mining will transform your deposit into mining hashrate and will automatically mine Bitcoin on your behalf and directly deliver rewards to your account.

Registration of Fleet Mining

It only requires a few minutes to start cloud mining on Fleet Mining:

1. Create an account

Register your name on the registration page with either email or mobile.

2. Receive your bonus ($15–$100)

Registering a new user will grant a registration bonus of $15-$100 that can be used to start beginner contracts in mining.

3. Choose a mining contract

Choose a plan according to your aims and expenditure.

4. Start mining instantly

Mining automatically starts after the contract is activated. You will be earning additional BTC daily.

Examples of Fleet Mining Contracts

Fleet Mining offers various methods of contracts to suit various levels of users:

Any plans provide daily Bitcoin rewards, which are either withdrawn or reinvested in more powerful contracts.

Advantages of Fleet Mining Cloud Mining

Simple and fast setup
$15–$100 new-user bonus
Daily BTC payouts
No hardware needed
Multiple contract choices
User-friendly interface.
Scalable to long term miners.

Conclusion

Fleet Mining has opened cloud mining to everyone, eliminating technical barriers and enabling greater contract flexibility. It offers an effortless entry into using Bitcoin in cloud mining and a sizeable registration bonus with automatic rewards at no cost, which does not require holding a mining machine.

Website: https://fleetmining.com/

Email: info@fleetmining.com

_{Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involves substantial risk as the volatility of the crypto market can lead to significant losses.}

Hackers Hijack Binance CO-CEO Yi He’s WeChat Account To Pump Memecoin

By

Brenda Ngari

-

December 10, 2025

Bitcoin, Ether Slump As CFTC Sues Binance And CZ Over ‘Willful’ Violation Of U.S. Laws

Newly appointed Binance co-CEO and co-founder Yi He said on X that her WeChat account was hijacked and used to push a little-known BNB Chain-based memecoin in a pump-and-dump scheme.

Yi He Hit By WeChat Hack

Yi He revealed on X that she no longer uses WeChat and that the phone number tied to the account was taken over, preventing her from regaining access.

“Do not buy memecoins from the hacker’s posts,” Binance co-founder Changpeng “CZ” Zhao added. “Web2 social media security is not that strong. Stay safu!”

Blockchain analytics firm Lookonchain flagged that after the breach, the attackers promoted and profited from a memecoin called Mubarakah (MUBARA).

The bad actors had created two new wallets and spent $19,479 in USDT across PancakeSwap and related routes to purchase 21.16 million MUBARA tokens ahead of the attack. After posting the memecoin on Yi’s WeChat account, the token jumped by 800% before plummeting as the hackers offloaded.

Lookonchain data shows that the attacker has already sold 11.95 million MUBARA for $43,520 in USDT following the price pump, which they later swapped for ether. The hacker still holds another 9.21 million tokens valued at around $31,000, netting profits of roughly $55,000, with the remaining stolen haul yet to be offloaded.

Yi later confirmed that her WeChat account had been successfully restored and the password had been changed through external verification. “It is currently suspected that bad actors are continuously lurking by using feedback issues and seeking help to add me as a friend,” she stated. “Thank you, everyone, for spreading the word to each other to avoid more people falling victim to scams.”

The hack comes less than a week after Binance appointed co-founder Yi He as the new co-CEO alongside Richard Teng during the company’s Blockchain Week in Dubai.

It also comes months after the official X account of the BNB Chain blockchain network, with 3.9 million followers, was compromised. On Oct. 1, hackers took over the account and used it to spread phishing links targeting crypto wallets. They posted 10 phishing links, resulting in roughly $8,000 in user losses. The company indicated that all affected users had been fully compensated.

CZ Explains Why Saylor’s Strategy 10,624 BTC Purchase Did Not Move The Market

By

Aliyu Pokima

-

December 10, 2025

Michael Saylor’s MicroStrategy Now Owns 205,000 BTC After Latest Purchase — Trumping BlackRock’s ETF

Strategy’s near-$1 billion Bitcoin purchase early in the week failed to trigger any upward price movement for the largest cryptocurrency, leaving several investors stumped. However, Binance founder Changpeng Zhao (CZ) has waded in to rationalize BTC’s sideways trading, citing the asset’s sheer liquidity as a key reason.

Andrew Tate Questions Bitcoin’s Pricing, CZ Explains

Internet influencer Andrew Tate, in an X post, has poked holes in Bitcoin’s pricing after a mega purchase by Strategy (MSTR) did not lead to any rally for the asset.

At the start of the week, Strategy announced that it splurged $962.7 million to acquire 10,624 BTC. Despite the haul, CoinMarketCap data revealed sideways trading for the asset with Bitcoin barely logging 1% gains, leaving investors scratching their heads.

“I’m huge on BTC, but MicroStrategy buys 10k BTC in a single day, and the price doesn’t move,” said Tate. “Explain that to me.”

Tate’s comment elicited a debate with Binance founder CZ wading in to proffer an explanation. According to CZ, Strategy’s purchase represents only a fraction of Bitcoin’s market capitalization and is not enough to trigger a major rally given the growing liquidity of the asset class.

“Buying 1/2000th of the market cap usually does not cause much waves,” said CZ. “BTC is liquid.”

For context, Strategy’s 10,624 BTC purchase for nearly $1 billion makes up 0.054% of the asset market capitalization. In previous cycles, previous $1 billion purchases have triggered massive price rallies for BTC, with Tesla’s $1.5 billion purchase in early 2021 triggering a frenzy. However, despite Bitcoin’s growing liquidity, a sell-off of similar magnitude can still cause prices to slump, as shown by recent profit-taking by investors.

OTC Desks Purchases Rarely Move Prices

Crypto analyst Quinten Francois, in an X post, theorized that the use of over-the-counter (OTC) desks by institutions seeking Bitcoin purchases can explain the asset’s sideways trading. Francois notes that OTC desks typically pair buyers and sellers outside exchanges, ensuring that trades do not go through order books.

Per Francois, a single request by an institution seeking 5,000 BTC may take weeks to fulfill, with the OTC desk reaching out to miners and early whales willing to sell their holdings. He noted that OTC desks reach in “deep private liquidity” unseen by retail traders, with everything happening “quietly behind closed doors.”

“Only when they cannot source enough Bitcoin privately do OTC desks touch the open market, and that is always the last resort,” said Francois. “They stretch the process as long as possible to prevent price impact.”